Posts tagged: Congressional Budget Office

This is not our first partial government shutdown. Somehow, someway, from 1976 through 2017, the nation has survived 18 shutdowns, the longest lasting 21 days. In this case, President Donald Trump insists that the next budget deal contain $5 billion to construct a wall on part of our southern border with Mexico.

Trump, say the Democrats, is “unwilling to compromise.” But when he asks for only $5 billion for a project with a U.S.… Continue Reading

Republicans have already given away the farm.

Imagine a teenager goes on a shopping spree with his dad’s credit card one month and unalterably charges the card with hundreds of thousands in expenditures. Then, the next day at the supper table, he passes his dad a note saying he is willing to help balance the family’s budget. You are as foolish as that dad if you are taken in by the GOP’s vote this week on a balanced budget amendment.… Continue Reading

What happens when Republicans pursue a half-baked repeal of Obamacare and sell it to the public as full repeal of Obamacare? Premiums go up because of the core Obamacare provisions left behind, yet that increase will be blamed on the false pretense that Obamacare was indeed repealed.

Earlier this week, the Congressional Budget Office (CBO) released a budgetary and economic score of the presumptive GOP plan to “replace” Obamacare. CBO concluded that not only will premiums fail to decrease, but will increase by 20-25% and 27 million more people would be uninsured.… Continue Reading